# Depreciation

> Depreciation — Spreading the cost of a fixed asset over the periods it serves.

Source: https://lopifi.com/glossary/depreciation
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is depreciation?** In accounting, depreciation means spreading the cost of a fixed asset over the periods it serves.

## Words this system refuses for it

- write-down
- amortization

- **Category:** Foundations
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [depreciation-schedule](https://lopifi.com/md/components/depreciation-schedule), [adjusting-entry-form](https://lopifi.com/md/components/adjusting-entry-form), [schedule-preview](https://lopifi.com/md/components/schedule-preview)
- **Related:** fixed-asset, asset